Posted on 01/01/2013 11:10:51 AM PST by Libloather
Excellent post, especially the fundamental truth: “the spending problem caused by socialists”. That, in a nutshell, is what has happened.
As Margaret Thatcher so wisely said, the problem with socialism is that eventually you run out of other people’s money. We’re almost there now.
IIRC, the only way this becomes law is if it ALSO passes the House of Representatives. If the Republicans in the House truly don’t like it, and don’t think it’s best for the country, then they should vote against it, and take the slings and arrows that will assuredly come their way.
“It is way beyond time for a truth in taxation law such as was done in the seventies for loans disclosures.”
***********
Good point. More hypocrisy from our government.
And as for their expediency in voting, they bob and weave and do whatever it takes to stay in DC. That’s really all that matters to them. I mean what elese would these clowns do if they had to go back home to earn an honest living? Its a terrifying thought to them. They are just a bunch of weak and inept showboaters devoid of any convictions.
@ House republicaves:
So?
I do not care what you have to say about anything at all.
Defeat it or be defeated.
How about just plain unconstitutional?
See text of our leading document:
Section. 7.
All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
Well, that’s the thing. I believe the house did pass a bill back in August extending existing tax rates. Somehow the senate got away with calling that bill DOA. Then the senate waited until the 11th hour, and passed a bill that suited them, leaving it up to the GOP to be responsible for raising taxes if they oppose the Senate.
An increase in the employee share of the Social Security tax from 4.2% to 6.2% is a 48% increase that applies even to those employees who don't make enough to pay income taxes.
Congratulations for putting a band-aid on a severe gunshot wound.
The ship continues to sink.
Agreed. Well said, yourself. :-)
I see no problem with it. Payroll taxes were given a temporary holiday for 1 year and then extended another. Also, those taxes and the entitlements they support are interconnected (even though I understand the common pool of tax money). If the payroll tax cut should be made permanent, it must be done so with commensurate reductions in entitlement spending.
Because the President agreed to sign this one and not the one from August. So, why would a DUMMYCRAT Senate take up a bill and vote if it does not enjoy the President’s support?
Poe is my Rep. I seriously doubt he'll vote in favor of this crap...
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